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MIDF forecasts economic growth in 2022

  • Posted By : Admin
  • 22 December 2021

THE current economic crisis will not last forever and the economy will recover next year.

Malaysian Industrial Development Finance Bhd (MIDF) head of research Imran Yassin said pent-up demand from the reopening of the economy and the new normal will be the driver of the economy.

In the “Taking Steps …

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Maybank offers flood relief assistance to affected customers

  • Posted By : Admin
  • 20 December 2021


Maybank is offering Flood Relief Assistance to individuals, small and medium enterprises (SME) and other non-retail customers affected by the devastating floods arising from heavy rainfall over the past few days.

The relief assistance is aimed at alleviating the financial burden of Maybank customers impacted by the floods, …

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Alliance Islamic Bank Helps B40 Micro-Entrepreneurs Build Financial Resilience

  • Posted By : Admin
  • 10 December 2021

Kuala Lumpur – Alliance Islamic Bank Berhad (“Alliance Islamic Bank” or the “Bank”) recently concluded the inaugural three-month Economic Empowerment Programme (“EEP”) for 50 B40 micro-entrepreneurs. Sponsored by the Bank and undertaken in partnership with People Systems Consultancy (PSC), the EEP equips micro entrepreneurs with practical knowledge on business innovation, marketing, customer analysis and financial …

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Malaysia's economy slumps in Q3, outlook sunnier as pandemic's impact fades

  • Posted By : Admin
  • 17 November 2021

KUALA LUMPUR, Nov 11 (Reuters) - Malaysia's economy shrank 4.5% in the third quarter, contracting by more than expected after its rebound in the second quarter, but the central bank expects a quick recovery as coronavirus restrictions are eased and economic activities resume.

The third quarter performance was markedly worse …

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M’sian SMEs & entrepreneurs, here are the Budget 2022 initiatives that will matter to you

  • Posted By : Admin
  • 2 November 2021

Today on October 29, 2021, Minister of Finance Tengku Zafrul Aziz announced the tabling of Budget 2022. It has overtaken Budget 2021 (RM322.5 billion) as the largest budget allocation announced in Malaysia’s history at RM332 billion.

Budget 2022 follows the theme of “Keluarga Malaysia, Makmur Bersama” and focuses on 3 …

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Bantuan Khas Kewangan (BKK) of RM 1,000 for SMEs from Penang State Government

  • Posted By : Admin
  • 22 April 2021

In view of our proposal to YAB Chow Kon Yeow, the State government has approved a one-off grant of RM 1,000 each for 1,000 SMEs to help finance the effort to digitalise their operations by embarking on a B2B platform.

SAMENTA is very grateful for the financial assistance from the …

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